@atheken @_Davidsmith The Apple story is true, but in a different context. Apple revealed the iPhone at 9:41, and this is what they use on all their (non watch) products.
However it’s believed that they use 10:09 on watches because it’s either more symmetrical, or corporate smugness (showing that Apple is a bit ahead of other companies).
There was a stretch when Elon Musk took over twitter and started charging for blue checks (lmao) and some of his sycophants started talking about “Veblen goods.”
A Veblen good is something for which demand *increases* as price increases, in contact to the neoclassical orthodoxy that demand decreases axiomatically with price.
Veblen goods are things that rich people buy to signal their wealth and status. Jewelry, fancy watches, yachts, Ivy League degrees. Things that cost many thousands or millions of dollars.
The idea that an $8 verification on twitter would ever be a status symbol for the rich was fucking ludicrous.
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